Returns on green investments are down, but so are costs
On the sidelines of the Green for Growth Fund’s (GGF) recently held Sustainable Future Forum and the grand finale of the clim@ pitching competition for startups, Christopher Knowles, who at the time served as chairman of the GGF, spoke to Balkan Green Energy News about the impact of innovative solutions, return on green investments, and […]
GGF Impact Stories: Greening Serbia’s energy mix
The Green for Growth Fund (GGF), which was initiated as a public-private partnership in December 2009 by German development bank KfW and the European Investment Bank (EIB), surpassed major milestones in 2017, increasing the total financing it has provided to final borrowers to over EUR 600 million across more than 25,000 individual projects. The GGF […]
Green for Growth Fund lends EUR 5 million more to Partner MCF to back energy efficiency measures
The Green for Growth Fund (GGF) has secured a fresh, EUR 5 million loan to Bosnia and Herzegovina’s third-largest microcredit institution, Partner Microcredit Foundation (Partner MCF), its longstanding partner, to finance energy efficiency measures. The energy efficiency measures to be financed with the senior loan investment are projected to result in annual primary energy savings […]
GGF Sustainable Future Forum calls for sustainable, innovative solutions, announces clim@ winners
The Green for Growth Fund (GGF) held its first Sustainable Future Forum in Frankfurt, Germany on June 27. The event gathered more than 250 participants to showcase leading initiatives in green finance for energy and resource efficiency throughout the Fund’s regions of operations, as well as the most inspiring global initiatives. The grand finale of […]
Green for Growth Fund selects 15 finalists for clim@ competition in Frankfurt
Green for Growth Fund (GGF) selected 15 finalists of the clim@ competition who will present their ideas to a high-level panel of judges and experts on the June 25 in Frankfurt. 260 applications from 80 countries were submitted for the competition until the deadline which expired on April 15. The successful entries – BEAD, Effa, […]
250 applications submitted for clim@ competition
More than 250 applications from 80 countries were submitted for the clim@ competition. The deadline for the proposals expired on April 15. A new competition for innovative businesses or projects that have the power to change current practices and demonstrate strong positive climate impact is launched by the Green for Growth Fund (GGF) on February […]
Belgium company Elicio completes Malibunar wind farm
Belgian utility’s project is prelude for nearby power generation facility of 21 Senvion units. Wind turbines of 8 MW in total capacity, or 2 MW each, were presented in the area of the town of Alibunar, less 60 kilometres northeast of Serbia’s capital Belgrade. Elicio NV’s Malibunar project is located near a site where the […]
Small portion of public funds dedicated to upgrading buildings in Central, Eastern and South-Eastern Europe
Only 3 percent of the public funds that could be used to support energy-efficiency investments in the Central, Eastern and South-East Europe are dedicated to upgrading buildings. This shows that buildings are not considered to be critical energy infrastructure, although they can help reduce energy dependency and have other positive impacts, the Buildings Performance Institute […]